The Loop
A Monterey country club is bankrupt
Golf absorbed another body blow when Pasadera Country Club in Monterey, Calif., filed for bankruptcy protection, citing annual losses recently of $1 million.
Pasadera features a Jack Nicklaus Signature course that opened in 2000.
Golf failing in this part of the country is a telltale sign of an ailing industry in a tough economy.
-- John Strege